MTI’s Business Review of 2019 and Outlook for 2020

For the 9th consecutive year, MTI Consulting (via their Corporate Finance practice), in partnership with Daily FT, Daily Mirror and Sunday Times, has concluded the MTI CEO Business Outlook Study, collectively outlining the Sri Lankan business community’s perception for the state of business in 2020.

Supplemented by MTI’s experience as a thought leadership-oriented organization, the annual survey collated and analyzed the perceptions of over 100 Sri Lankan business leaders with regard to their business’ past and expected performance, their predictions regarding the state of the local and global economy in 2020, and the main challenges that they believe Sri Lanka and Sri Lankan companies will face in 2020.

The results of the survey, including its supplementary analysis, will assist organizations in streamlining their strategic decision making for 2020, effectively enabling them to gear their operations in accordance with the economic sentiments of their peers.

In 2019, the Businesses perform way below expectations

Figure 1 – How did your business perform in the previous year?

Nearly 3/4th of the surveyed Chief Executives were of the opinion that their businesses performed below expectations in 2019.

In contrast, only 5% of the surveyed CEOs felt that their businesses performed above expectations, indicating a similar trend as in 2018.